Spread before costs (cost unknown: a leg has no order-book sample)−0.056%
7d average—if it closes, per $10,000$6funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kSHIB_USDC_PERP | 0.000005900 | 0.0100 | pay 0.0013% / 1h | 27m 52s | $27K | $5K | 15x |
| Short | Extended 1000SHIB-USD | 0.000005897 | 0.0104 | get 0.0013% / 1h | 27m 52s | $52K | $6K | 25x |
Backpack kSHIB_USDC_PERP
Extended 1000SHIB-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.63
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.51
- Spread needed to break even
- 0.150%
Slippage unknown: Backpack: no order-book sample; Extended: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Backpack and Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%OKX0.000005891+17.820%Bitget0.000005893+17.860%Gate0.000005894+17.880%BingX0.000005894+17.880%Binance0.000005895+17.900%
GMX
Injective
OKX
Bitget
Gate
BingX
BinanceExtended0.000005897+17.934%
MEXC0.000005899+17.980%KuCoin0.000005899+17.980%SoDEX0.000005899+17.980%Lighter0.000005900+18.000%Aster0.000005900+18.000%
MEXC
KuCoin
SoDEX
Lighter
AsterBackpack0.000005900+18.000%
Hyperliquid0.000005902+18.040%HTX0.000005902+18.040%Phemex0.000005906+18.120%Deribit0.000005907+18.140%gTrade (Gains Network)0.000005907+18.148%Paradex0.000005908+18.159%Orderly0.000005908+18.160%Reya0.000005908+18.162%Coinbase International0.000005909+18.180%Kraken Futures0.000005909+18.184%Kalshi0.000005910+18.196%dYdX0.000005910+18.204%Pacifica0.000005911+18.220%BloFin0.000005911+18.220%SunX0.000005917+18.340%
Hyperliquid
HTX
Phemex
Deribit
gTrade (Gains Network)
Paradex
Orderly
Reya
Coinbase International
Kraken Futures
dYdX
Pacifica
BloFin
SunXSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX SHIB/USD [ETH-USDC] | −15.254% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.254% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.153% | +0.0100% | 8h | $7.8M | $26.2M | 50x | as long as short |
| Bitget SHIBUSDT | −0.119% | +0.0100% | 8h | $11.2M | $11.7M | 75x | as long as short |
| Gate SHIB_USDT | −0.102% | +0.0031% | 8h | $6.6M | $5.0M | 75x | as long as short |
| BingX 1000SHIB-USDC | −0.102% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Binance 1000SHIBUSDT | −0.085% | +0.0100% | 8h | $28.5M | $79.8M | 75x | as long as short |
| Extended 1000SHIB-USDshort | −0.056% | +0.0104% | 1h | $52K | $6K | 25x | |
| MEXC SHIB_USDT | −0.017% | +0.0100% | 8h | $32.6M | $14.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | −0.017% | +0.0100% | 8h | $4.7M | $2.5M | 75x | as long as short |